$SOL USDT BEARISH CORRECTION AFTER STRONG REJECTION – SHORT OPPORTUNITY AHEAD
$SOL USDT faced a strong rejection near $148-$149 and is now retracing towards lower support zones. The current 4H structure shows a clear lower high formation indicating bears are gaining strength for a deeper correction.
🔻 Trade Setup (Short Entry):
Entry Zone: 142 – 144
Targets (TP):
TP1: 139
TP2: 136
TP3: 132
Stop Loss (SL): 146
📊 Key Levels:
Resistance: 144 – 146
Support: 139 – 132
Current Price: 141.95
🔎 Market Outlook:
Momentum is shifting bearish after the recent spike failed to hold above 146. If price sustains below 144, sellers are likely to push towards 139 and potentially 132 in the coming sessions. Only a strong reclaim above 146 will negate this bearish bias.
⚠️ Risk Management:
Risk only 1-2% of your capital per trade. Always use tight stop-loss and adjust lot sizes to maintain consistent growth.